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20121202
20121210
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out a tough package of spending cuts. for instance raising medicare's eligibility age for the first time in the program's history most likely by two years from 65 to 67 the move would not apply to americans who are close to retirement now. it would be phased in for younger workers such as maggie, a virginia health club manager who just turned 50 last month. >> i think the biggest factor for me is when are you going to retire so you lose your insurance from work and if it goes to 67 you have this two- year gap. what are you going to do? >> reporter: when medicare was created in 1966, the average life expectancy for men was 67 years, today it's 76 and women live on average to 81. one recent study by the kaiser family foundation estimated that shifting medicare eligibility from 65 to 67 would save the federal government $5.7 billion a year. 65 and 66-year-olds would pay an extra $3.7 billion a year to ensure themselves. the employers would pay billions more. >> it would finally bankrupt me. >> reporter: 45-year-old linda shulte is a florida realtor and breast cancer survivor who has st
of medicare and medicaid payments. for more than a year, we have been looking into the admission and billing practices of health management associates. it's the fourth largest for- profit hospital chain in the country, with revenues of $5.8 billion last year, and nearly half of that coming from medicare and medicaid programs. we talked to more than 100 current and former employees, and we heard a similar story over and over-- that h.m.a. relentlessly pressured its doctors to admit more and more patients, regardless of medical need, in order to increase revenues. health management associates owns 70 hospitals in 15 states. it's thrived buying small, struggling hospitals in non- urban areas, turning them into profit centers by filling empty beds. generally speaking, the more patients a hospital admits, the more money it can make, a business strategy that h.m.a. has aggressively pursued. did you feel the hospital was putting pressure on doctors to admit people? >> nancy alford: yes. >> kroft: for what reason? >> alford: money. >> kroft: you're sure of that? >> alford: uh-huh. >> kroft: until sh
, december 7th. so give unitedhealthcare a call today. consider a medicare advantage plan. it can combine doctor and hospital coverage with prescription drug coverage for as low as a zero dollar monthly premium. you only have until december 7th to enroll. call unitedhealthcare today. living with moderate to semeans living with pain.is it could also mean living with joint damage. help relieve the pain and stop the damage with humira, adalimumab. for many adults with moderate to severe ra, humira is clinically proven to help relieve pain and stop joint damage. so you can treat more than just the pain. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure have occurred. before starting humira, your doctor should test you for tb. ask your doctor if you live in or have been to a region where certain fungal infections are common. tell your doctor if you have had tb, he
. ,,,, ♪ [ male announcer ] introducing a brand new medicare prescription drug plan. it's called the aarp medicarerx saver plus plan from unitedhealthcare. and it's for people who want the lowest part d premium in the united states... only $15 a month. and copays could be as low as a dollar. so call unitedhealthcare now to enroll or learn more. with this plan, you can save 40% or more on your copays by using a preferred network pharmacy, like walgreens. for example, a network copay of $4 becomes a preferred network copay of $1 when you fill your prescription at any of the 8,000 convenient walgreens locations. so call and enroll today. remember, the premium is just $15 a month. don't wait. open enrollment ends december 7th. aarp medicarerx saver plus. call now or visit your local walgreens for more information. in miami... thanks to the nr 2 alabama, & number 3 georga >>> the bcs national title game is january 7th in miami and thanks to number two georgia and number three alabama, we got an opponent from notre dame. here came the crimson tide, aj, 45 yards to amari cooper for the touchdown. they ca
@captioncolorado.com ,,,, ♪ [ male announcer ] introducing a brand new medicare prescription drug plan. it's called the aarp medicarerx saver plus plan from unitedhealthcare. and it's for people who want the lowest part d premium in the united states... only $15 a month. and copays could be as low as a dollar. so call unitedhealthcare now to enroll or learn more. with this plan, you can save 40% or more on your copays by using a preferred network pharmacy, like walgreens. for example, a network copay of $4 becomes a preferred network copay of $1 when you fill your prescription at any of the 8,000 convenient walgreens locations. so call and enroll today. remember, the premium is just $15 a month. don't wait. open enrollment ends december 7th. aarp medicarerx saver plus. call now or visit your local walgreens for more information. >> caroline: wow. >> rick: mm-hmm. >> caroline: (giggles) >> rick: that's a good way to break in the day. >> caroline: (chuckles) you think?
's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. how to pick out the best bananas.. and make them lase longest??? tony tanillo tels how.. >>> you probably buy them every week but do you know how to pick out best bananas and make them last the longest? tony tantillo knows and he tells us how. >> reporter: well, today's tip of the day is going to be is the banana, the number one produce item sold in the market. they are great for us, potassium, a super food. but selection and storage is important especially this time of the year. make sure they have a slight green on the very top here and a little bit green on the bottom but bright yellow, that is so important.
for medicare beneficiaries. >> schieffer: why did you choose to basically say "we're going to stop letting congress have the ability to raise the debt ceiling." >> we are not prepared to let the threat of default on america's credit, the savings of americans, the investments of americans be held00 to the political agenda of a group of people in congress over time. as you saw last august, that was very damaging to the american people. it's not the responsible way it govern. >> schieffer: are you betting eventually the republicans will cave on the taxes? >> there's no-- there's no path to an agreement that does not involve republicans acknowledging that rates have to go up for the wealthiest americans. >> schieffer: you're saying you can't do it just by eliminating deductions and other-- >> very good question. you know, we've taken a careful look at this, and we think we should limit deduction but if you look carefully at how to do this, there is no way to raise a meaningful amount of revenue, relative to the sights of our fiscal challenges, by just limiting deductions for wealthy americans.
the eligibility age for medicare and people on social security would get smaller cost of living increases. unless there's a compromise by the end of this month, taxes will go up automatically for nearly every american. there is a lot at stake. so we asked wyatt andrews to make sense of how these budget plans compare. wyatt? >> reporter: scott, this republican counterproposal today is long on reducing the deficit and saving big on medicare, but it leaves the two sides still hundreds of billions of dollars apart and they are not close on the basic approach to solve the fiscal cliff. in a letter to the president, house republicans called their offer a fair middle ground. it's a ten-year framework that cuts the deficit by $2.2 trillion. it includes $600 billion in health care cuts-- mostly medicare and medicaid-- $300 billion in other mandatory spending and $300 billion in cuts to all other federal spending. by contrast, the president has proposed around $600 billion in cuts to all entitlements, including medicare and he'd reduce other federal spending by $100 billion a year. the president has also p
healthcare insurance company. like all standardized medicare supplement plans, it helps cover some of what medicare doesn't pay. to find out more, call today. >> pelley: we don't know why jacintha saldaha killed herself. no one who knows her has said. but we do know that the london nurse whose body was found this morning was the subject of a prank this week that involved the royal family. mark phillips picks up the story from there. >> reporter: a nurse dead, her body found by police; a suspected suicide. the nurse who had worked a >>> nurse dead, her body found by police. a suspected suicide. a nurse who had worked at the hospital where kate the duchess of came bridge was treated for morning sickness this week had put a call to the ward thinking the caller was the queen, but it was actually michael christian and mel greg, a pair of australian djs famous for hoaxes who placed the call and talked about it all week. >> they were the worst accent ever. >> this nurse was blind sided by the call. >> hello there. can i please speak to kate, please, my granddaughter. >> hold on. >> they were put through t
before investing. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. so now's the time. oh, it's great! now i can brew my coffee just the way i love it. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter! actually, i just press this button. brew the coffee you love -- stronger, bigger, or hotter -- with the keurig vue. >> osgood: walking on air is a figure of speech brought to life by a skilled artist and craftsman in holland. elizabeth palmer takes us to see him at work on the beach. >> reporter: this man's world day begins in a shipping container that doubles as a tool shed. outside he gets a firm grip on his,
but no inflation to adjustments. republicans also want to raise the eligibility age for medicare. the white house does not. there are other differences. nothing matters more to the white house than breaking gop resistance to higher taxes on the wealthy. >> the president certainly has principles here that he intends to stick to which is that he will not sign an extension of the bush era tax cuts for the top 2%. >> erskine bowles said as big as the divide appears, despair is premature. >> that is just like a movie theater you go through each one of these. to get a deal done i am positive you will have to have increased tax rates on the top 2%. i'm also sure that the cuts that the president put on the table for health care entitlements will not be sufficient to get the deal done. >> reporter: republicans said many of their ideas reflected ideas put forward first by erskine bowles, but mr. bowles quickly put out a statement denying that, giving the white house an opportunity to gloat and question the republican seriousness in all of this. here at the white house, th
. >> the bulk of our money is going to entitlement programs like social security medicare medicaid medicaid. that's mandatory spending that's been budgeted based off what we spend on our taxes. the bulk of it is going there. 20% is going to defense. discretionary spending is 13% and 7% the interest we are paying on our debt. that's also mandatory and we have to make good on our debt. >> which is why anybody serious about the debt says you have to look at entitlements based on that. where are the areas for compromise? >> so when you look at where they're talking about cutting spending, it's in the discretionary category. $600 billion in dissectionry spending is what's on the table right now. you start looking at social security and medicare, one of the ideas for compromise that's been on the table is increasing that age. the availability begins at 65. if you were to increase it to 67 about $250 billion in savings. also if you look at medicare cost sharing -- this is from the provider. if you go back to the providers who provide medicare and say to them we need you to com
cutting $900 billion from medicare and reforming social security. it would also raise $800 billion in tax reforms. but the white house says the offer still favors cutting taxes for the wealthy. >> us this far, republican leaders have been adamant that they don't believe rates ought to go up on the top 2% of wealthiest americans. the american people overwhelmingly disagree. >> if the president and republicans can't come to a compromise, everyone's taxes will go up january 1. government spending will be slashed. >>> the dow lost 60. the nasdaq was down 8, s&p down 7. >>> the storms that blew through the bay area brought down many trees and that's meant a hard lesson for homeowners who were cleaning up today. cbs 5 consumerwatch reporter julie watts explains your insurance doesn't always cover fallen trees. julie. >> reporter: something many are likely learning following this weekend's storm. we received photos from across the bay area of downed trees on homes and cars, and they provide a clear example of what's covered and what's not. this one from san mateo is a good example of what's cove
reductions in entitlement programs such as medicare and social security, meanwhile house speaker john boehner has to win over hard liners in his own party. susan mcginnis is following it all. >> reporter: hi. good morning. there are some glimmers of common ground here among the two sides that could form the basis of a deal. the president is now talking about actually lowering the tax rate for the top 2% not now but later. and republicans are now taking some heat over their latest plan a lot of it from within their own party. >> five, four -- >> reporter: house speaker john boehner led the countdown to the lighting of the capitol hill christmas tree last night. >> one. >> reporter: but a different countdown weighs on the minds of these lawmakers, the countdown to the fiscal cliff. a series of tax increases and spending cuts due to kick in at the end the year. >> god bless us, everyone. >> reporter: speaker boehner offered the republican proposal this week and now he faces opposition from president obama. >> the speaker's proposal is out of balance. >> reporter: some in his own party are lining
. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. ,,,, so now's the time. >> absolutely. >> words mean just about everything to the people behind the merriam webster dictionary. >> since 2003 they've chosen the top ten words the year. editor-at-large peter sokolowski is here to announce this year's list. welcome. >> thank you so much. >> what are the 2012 most important words? >> well, our dictionary is online as you mentioned merriam webster.com anyone can come to the dictionary and people look up word. they look them up in enormous numbers, hundred million pages each month. we take a measure of how many times certain words are looked up. the words that spike, that show trends that stick out are the words that become the word the year. >> wh
they will have to make. >> calling for an additional $1.6 trillion in tax revenue. cuts to medicare and $50 billion in stimulus spend approximating. he insists the bush tax cuts must expire for the healthyy individuals. >> it is carefully designed mix of savings and tax reforms to put us back on a path to stabilizing our debt and living within our means. >> the republicans did not welcome the proposal. >> i was disappointed by the proposal. i think it say rerun of the budget proposal. the revenue is 1.6 trillion in revenue and tax increases. >> and expressing frustration -- and they are expressing frustration. >> i would say we are nowhere, period, nowhere. >> reporter: they disagree pointing out the administration did offer $600 billion in cuts to health care and other programs. he he remains optimistic a deal will be made. back to you. >>> a kitchen remodel with an unusual goal. >> you have to support what you believe in. >> reporter: how one woman fought to buy only american made products and the price she paid. >>> and good news for the stormy weather for steers and boarders. ,, hey,
't remotely deal with entitlement reform in a way to save medicare and medicaid and social security from bankruptcy. >> reporter: if a deal is not reached, taxes go up and spending will be clashed. defense contractors are sending the message to lawmakers those cuts would damage the military industry and weaken national security. the ceo of task, a company that develops aviation systems and software for intelligence agencies: >> over 50% of the defense budget is procuring services and services are underscored by jobs. so of course there will be job loss if you have cuts. >> reporter: the cliff hits at the end of the year. but congressional leaders say a compromise needs to be figured out in the next couple of weeks so lawmakers have enough time to debate and pass it. in washington, danielle nottingham, cbs 5. >>> so if democrats and republicans do not reach a deal, the tax policy center estimates the average american will have to pay nearly $3,500 more in taxes next year. >>> still ahead, there's a royal bun in the oven. but things aren't going so well for the duchess of cambridge. the l
in programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i'm willing to make more entitlement spending cuts on top of the $1 trillion in spending cuts i signed into law last year. >> reporter: his remarks came one day after house speaker boehner announced the talks were stalled. >> well, this isn't a progress report, because there's no progress to report. >> reporter: his democratic counterpart nancy pelosi blamed boehner for the stalemate. >> what they offered in return was an empty letter, lacking in specifics. >> reporter: such is the state of negotiations, 23 days before the deadline, when federal income tax will revert to higher levels, and long-term unemployment benefits will dry up for over two million americans who have been out of work for six months or more. on friday, boehner did not rule out a compromise on a tax hike for top earners, somewhere between today's 35% rate and the clinton era's 39.6%. >> there are a lot of things that are possible. to put the revenue this the president seeks on the table. >> reporter: even if the two sides are
such as medicare and $50 billion in stimulus spending. >> the president and white house have three weeks and this is the best we got? >> reporter: the senate minority leader mitch mcconnell laughed at geithner. geithner said if republicans don't like the president's plan it's up to them to present their own ideas. >> what we can't do is figure out what works for them. they have to come tell us what works for them. >> reporter: secretary geithner made it clear there will be no deal that does not include a tax hike on the wealthiest americans. >> there's not going to be an agreement without rates going up. >> reporter: no formal negotiating sessions are on the schedule here and many believe it will take about a week for the real work towards a solution to get under way. now, so much of the talk right now is about taxes, but another aspect of this fiscal cliff is massive, massive defense cuts. that's going to be a topic here in washington today, terrell, when several ceos of the defense industry talk about the impact on their industry. >> susan mcginnis in washington this morning. thank you
is that these are really big issues we're trying to nail down here. this is entitlement reform, medicare, med karkd social security, the tax code. it would be lard for me to believe we could come to kumbaya over these poornz it is part of the process. it is quite amazing the way the policy makers designed this. i absolutely agree. the uncertainty is a killer. it's weighing on business investments and hiring decisions. but on the other side, if we nail this down-- and i think we will-- we will be off and running. >> both sides use the uncertainty arguments, democrats and republicans both use it. which means it has a political smell to it, which mons it doesn't work with those politicians. the worry is uncertainty only works as a motivator of political behavior when it starts biting, when you start seeing the effect of uncertainty in a bigger way. we have different timelines here. we're talking about a sort of catastrophe of going over the cliff or not, or may be a deal that happens in the weeks after we go over the cliff. there's another option which is kind of a two-part deal. they're not really getting d
the way near california. >>> it is 4:57 now. cuts in social security and medicare. republicans respond to the president's budget proposal. >> plus iran claims it captured a u.s. drone. how the u.s. navy is responding and the potential security implications. >> reporter: we're live in san francisco where all muni lines are back up and running. last night a power outage caused a meltdown and a couple of other problems. we'll tell you more coming up. ,,,,,,,,,,,,,, causes a blown transformer.. stranding passengers. how te transit agency is recovering this morning. >> your realtime captioner: linda marie macdonald. >>> muni mess. storm damage causes a blown transformer stranding passengers. how the transit agency is recovering this
like medicare agd medicaid if republicans atree to raise tax rates for the rich. fini'm willing to find ways to cing down the cost of health care without hurting seniors and dther americans who depend on it. and i'm willing to make more entitlement spending cuts on top of the $1 trillion in spending duts i signed into law last year. >> reporter: his remarks came one day after house speaker john aehner announced the talks were stalled. >> well, this isn't a progress report because there's no progress to report. >> reporter: his democratic counter-part, nancy pelosi, blamed boehner for the stalemate. >> what they offered in return nas an empty letter, lacking in the fics. 3 dreporter: such is the state of negotiations 23 days before nhe deadline, when federal era le tax rates will revert to higher, clinton-era levels, a 2% ayroll tax cut will expire, and long-term unemployment benefits of dry up for over two million americans who have been out of work for six months or more. on friday, boehner did not rule hikea compromise on a tax hike for top earners, somewhere between today's 35% rate
medicare. he said he doesn't like it, but he can live with it. that's high on the list of things that leader macomedy has said he's got to have to have a deal. and even nancy pelosi has said, look, this is not about rates. it's about revenue. it's about getting the money we need in order to reduce these deficits. so you've got to have spending cuts and you've got to have some revenue to get this done. >> schieffer: let me ask senator simpson. the "new york times" crunched numbers for the tax inn creases for the wealthy and determined even if the rates go back up to the clinton-era rates it would only give us about a quarter of the needed revenue. so what other things can be done? what other taxes have to be raised or where do you get the money to get us to where we need to be? >> well, you go into the tax code, as i say, but it's going to take too much time to do that. but there is no possibility to do this, not a single economist who talked to us in our hearings, said we can't grow our way out of this thing if we had double-digit growth for 20 years. you can't cut spending your
calculation. this offer doesn't remotely deal with entitlement reform and a way to save medicare and medicaid and social security from imminent bankruptcy. >> reporter: but the president clearly thinks that he's got the upper hand here. he ran on a proposal to raise taxes on the wealthiest americans, and he knows that polls show that most americans agree with that idea. >> bill, how do they get this done by december 15th? >> reporter: right. here's the thing. the president will continue to publicly campaign for a tax cut on people making less than $200,000 a year. but look, there are negotiations under way while all this is going on at the staff level. most of what we're hearing in public from both sides is just tough talk. the democrats i've talked to on he hill, and i've talked to a ofber of them, think there will be a solution. many republicans not as sure. >> bill plante, thank you. >>> police say they don't yet know why kansas city chiefs linebacker jovan belcher killed hi his girlfriend and then killed himself. we're at kansas city's arrowhead stadium where belcher's teammates played a
" sponsored by aarp, fighting to keep medicare and social security strong for generations to come. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. nexxus salon hair care combats 8 signs of aging hair. unveiling 2013, new nexxus youth renewal elixir. go online for your complimentary bottle before it hits stores in january. go online for your complimentary bottle "google, how much does the earth weigh?" google voice response: "earth has a mass of five point nine..." ♪ "sleep on needles" by sondre lerche ♪ ♪ ♪ ♪ ♪ >>> two thing we very much agree on, we both can't wait, and know that our great state of new jersey is going to bounce back better than ever and is going to rebuild. and we both very much like bruce springsteen to hug us. >> yes. >> so the two -- really two things together. >> and he di
the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. why let constipation stry miralax.? mirlax works differently than other laxatives. it draws water into your colon to unblock your system naturally. don't wait to feel great. miralax. to practice math more? i love math! but two ipads means two data plans? that's crazy. maybe not. with at&t mobile share, adding an ipad is just $10 a month. but honestly, mom and dad's love is all i really need. we should keep these for us. we should keep these. what?! [ male announcer ] at&t mobile share. add an ipad for just $10 a month. one plan. up to 10 devices. at&t. rethink possible. >> osgood: high school football is a cherished tradition in communities across the country. for one minnesota family, the game will never be quite th
in new taxes on the rich, $400 billion in cuts to entitlement programs, such as medicare, and $50 billion in stimulus spending. >> the president and the white house have had three weeks and this is the best we've got?! >> reporter: mitch mcconnell laughed at them last week. now geithner says if they don't like the president's plan, the republicans should present their own ideas. >> we can't try to figure out what works for them. they have to tell us. >> reporter: but secretary geithner made it clear, there will be no deal that does not include a tax hike on the wealthy. >> there's not going to be an agreement without rates going up. >> reporter: no formal negotiations are on the schedule here. and many believe it will take a week for the real work toward a solution to get under way. susan mcginnis, cbs news, washington. >>> how minority leader nancy pelosi says she will try to force a vote today on a senate- passed bill that democrats support but it is doubtful she will get republican support to get it to the house. >>> time now 5:10. a major carmaker recall, a potential danger for 90,000
signaled he is open to making cuts on programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i'm willing to find ways to bring down the cost of healthcare without hurting seniors and other americans who depend on it. and i'm willing to make more entitlement spending cuts on top of the $1 trillion in spending cuts i signed into law last year. >> reporter: his remarks came one day after house speaker john boehner announced the talks were stalled. >> well, this isn't a progress report, because there's no progress to report. >> reporter: his democratic counterpart, nancy pelosi, blames boehner for the stalemate. >> what they offered in return was an empty letter, lacking in specifics. >> reporter: such is the state of negotiations 23 days before the deadline, when federal income tax rates will revert to higher clinton era levels, 2% payroll tax cuts will expire, and long-term unemployment benefits will dry up for over 2 million americans who have been out of work for six months or more. on saturday, boehner did not allow a compromise on tax hike for top ear
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% of insurance plans, including medicare. find your co-pay at myflexpen.com. >>> the obama administration facing trouble on two fronts in the middle east. deadly political violence in the streets of egypt and an escalation in syria's civil war. the assad regime may use weapons of mass destruction against its own people. >>> what to expect when the labor department releases the november jobs report today. did superstorm sandy deliver a hit to hiring. >>> the duchess of cambridge is discharged from the london hospital where she was treated
Search Results 0 to 33 of about 34 (some duplicates have been removed)